Rivian Automotive reported a 32% jump in third-quarter deliveries, beating Wall Street estimates as U.S. buyers rushed to secure federal tax credits before their expiration. The company delivered 13,201 vehicles in the quarter, ahead of analyst expectations of 12,690, according to Visible Alpha.
The surge came just before Congress, through sweeping legislation, eliminated EV tax credits on leasing. Analysts warn the industry faces a slowdown in coming quarters as the subsidy removal under President Donald Trump’s broader tax and spending reforms reshapes the market.
RIVIAN $RIVN PRODUCED 10,720 VEHICLES IN Q3, DELIVERED 13,201 VEHICLES
— Investing.com (@Investingcom) October 2, 2025
NARROWING ITS 2025 DELIVERY GUIDANCE RANGE TO 41,500 TO 43,500 VEHICLES pic.twitter.com/A06X2iQRST
Rivian narrowed its full-year delivery forecast to 41,500–43,500 vehicles, slightly below earlier guidance. Shares dipped about 2% in premarket trading.
The EV maker also faces pressure from rising tariffs on imported auto parts, a Trump administration policy designed to encourage U.S. production and reduce reliance on foreign supply chains. Higher costs could weigh on Rivian’s margins as it prepares to launch its lower-priced R2 SUVs next year.
Also read:
TIPP Staff
